Candelaria Mining Corp T.CAN

Primary Symbol: V.CAND Alternate Symbol(s): CDELF

Metals & Mining Gold

Candelaria Mining Corp. is a Canadian gold-copper exploration company with a portfolio of two highly prospective projects in Mexico. The Company owns 100% of the Caballo Blanco and the Pinos Gold Projects. The Caballo Blanco license area is located on the eastern coast of Mexico in the state of Veracruz, 65 kilometers northwest of the city of Veracruz. The most advanced project in the license area is La Paila, which is conventional open pit/heap leach mining operation targeting approximately 100,000 ounces of gold production annually. The Pinos mining property and historical mining district is located in the municipality of Pinos, Zacatecas state in north-central Mexico near the town of Pinos, Zacatecas. The property lies 405 air-kilometers northwest of Mexico City and is 67 km west-northwest of the city of San Luis Potosi, 113 km east-southeast of the city of Zacatecas, and 85 km northeast of the city of Aguascalientes.

TSXV:CAND - Post by User

Candelaria Mining Corp

Bullboard Posts

Comment by yungcashon Apr 28, 2010 9:58am

230 Views

Post# 17038903

RE: RE: RE: RE: TD initiating coverage....

Could be. But don't discount the power of a positive report from one of the biggest brokerages in the country. They have a lot of clients and a lot of influence. The report calls for 1.25 12-months out. That's 200% upside to last nights close. Furthermore, if that report gets just one of their clients interested, they could have millions of shares to buy and if you have that kind of size and expect a 200% gain, moving the stock 35% in order to buy the shares isn't a big deal.

Bullboard Posts

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